Daily News | EPAM shares fall again as Pa.-based software giant rushes to save its engineers caught in Ukraine invasion
and warned it could no longer predict its financial results for this year, due to “military actions in Ukraine.”is the safety and security of its employees and their families in Ukraine, said EPAM in a statement. So it is “working to relocate its employees to lower-risk locations in Ukraine and neighboring countries.” EPAM has not expressed any public position on the war itself, which divided countries where it has many workers.
That’s a drop of 66% from the stock’s 2021 high, and follows another big drop when Russia invaded last week. Russia has since invaded Ukraine, seeking to topple its elected government, which is friendly to the U.S. and other NATO nations, and which Russian leaders say without evidence is a threat to them.
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